Retirement plan

STRATUS TECHNOLOGY SERVICES, LLC 401K PLAN

Name: STRATUS TECHNOLOGY SERVICES, LLC - STRATUS TECHNOLOGY SERVICES, LLC 401K PLAN (2021) Form 5500
Creator: STRATUS TECHNOLOGY SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STRATUS TECHNOLOGY SERVICES, LLC 401K PLAN, STRATUS TECHNOLOGY SERVICES, LLC

STRATUS TECHNOLOGY SERVICES, LLCEIN 22-3776993Plan #001PY 2021

149 AVENUE AT THE COMMON, SUITE 203 - SHREWSBURY, NJ 07702732-380-0329

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+26.2% from 2020

Total participants

-49.2% from 2020

Average account balance

$94,489

+30.7% from 2020

Annual return

12.21%

-3.97 pp from 2020

Benchmarks

See 15,329 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort15,329 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$438K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-97.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$109K

$6433 / participant

Other / not subdivided$109K100.0%

% of EOY assets

4.133%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,489

$114,093-17.2%

$96,171-1.7%

$167,536-43.6%

Participation rate

88.2%

75.1%+13.2pp

68.4%+19.8pp

82.1%+6.1pp

Annual return

12.21%

190.00%-177.8pp

192.04%-179.8pp

478.82%-466.6pp

Employer contribution / active EE

$5,644

$3,429+64.6%

$2,799+101.7%

$4,839+16.6%

Participant deferral / active EE

$16,694

$5,197+221.3%

$4,350+283.8%

$6,342+163.2%

Admin fee / account holder

$3,906

$6,899-43.4%

$5,538-29.5%

$12,315-68.3%

STRATUS TECHNOLOGY SERVICES, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STRATUS TECHNOLOGY SERVICES, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion